The main reason many people in the cryptocurrency world do not make money is due to a lack of funds. With insufficient capital, no matter how many times you multiply it, you still won't make a profit. Additionally, lacking funds can also lead to a reluctance to buy expensive coins, resulting in being permanently left behind or buying other altcoins, or getting liquidated while trading contracts. Many people understand this principle, so they resort to gambling, which often leads to obsession and financial ruin. This situation is quite common in the cryptocurrency world.
In summary, the more you want to succeed, the harder it becomes to succeed; the more anxious you are to make money, the easier it is to be taken advantage of and lose money. This is because investments in the cryptocurrency world are often counterintuitive.